Bangladesh's small firms to benefit from loans worth $200 mln

January 21, 2016 4:51 PM

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DHAKA Jan 21 Manila-based Asian Development Bank (ADB) said it will provide $200 million in loans to small and medium-sized enterprises (SME) in rural Bangladesh to help them expand by improving access to credit, particularly among businesses set up by women.

In Bangladesh, SMEs account for about quarter of the country's output, but their growth, especially in rural areas, is constrained by access to finance and electricity, and poor transportation.

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